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$4,250,000
Est. payment /mo
12,400 SqFt
UPDATED:
09/23/2024 10:59 PM
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 12,400 sqft
Price per Sqft $342
MLS Listing ID CRPW24086003
HOA Y/N No
Year Built 1958
Lot Size 0.511 Acres
Acres 0.51
Property Description
Commercial/Retail Space Zoned MU-2A for sale on an appx. 22,240 SF corner lot in Inglewood. The property is appx. 12,400 SF. There is currently a NNN lease in place with State Van Rental that has (3.5) years remaining at $14,688K/Mo w/ 2.5% annual increases. The lease rate for this is $1.15/SF and the market rent is $1.75/SF - making this a 6.1% Market CAP. Easy Access to LAX and the 405.
Location
State CA
County Los Angeles
Area Listing
Interior
Fireplace No
Exterior
Total Parking Spaces 24
Building
New Construction No
Others
Tax ID 4127027018
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Listed by Woody Stahl • Lyon Stahl Investment Real Est